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Coronavirus impact: Looking beyond Shell’s dividend cut

01/05/2020 · HSBC Holdings (HSBA)  · IG Group (IGG)  · Pearson (PSON)  · Royal Dutch Shell (RDSA)  · WPP (WPP) 

Coronavirus Dividends FTSE 100 FTSE 250 UK

Investor's Champion Income Boosters portfolio logo

Shell is battling a coronavirus-related slump in demand that's seen Brent crude prices fall from $68 to just $25 per barrel so far this year and has decided to trim its payout by two thirds to $0.16 as a result. While this is a blow to our Income Boosters Portfolio, we feel the best approach at this time is to remain patient and position portfolios for a return to more normal conditions.


Royal Dutch Shell (LON: RDSB) is battling a coronavirus-related slump in demand that's seen Brent crude prices fall from $68 to just $25 per barrel so far this year. The firm says that maintaining the current payout is "not prudent" given the risk of "a prolonged period of economic uncertainty, weaker commodity prices, higher volatility and uncertain demand outlook".

We're disappointed by the impact this will have on investor income in the near term, given…

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